March 10, 2016

Florida announced a lawsuit filed against Prime Resorts International, a central Florida-based timeshare resale company, and its President and owner, John Piccione for alleged violations of the Florida Deceptive and Unfair Trade Practices Act and the Florida Timeshare Resale Accountability Act. The defendants allegedly made unsolicited telephone calls to consumers nationwide claiming to have ready buyers and renters willing to pay a specified price for consumers’ timeshare properties. The defendants collected upfront fees from consumers ranging from $595 to more than $4,000, and purportedly did not have buyers or renters lined up to pay any price for consumers’ timeshares. FL